The company reported standalone net loss during the quarter stood at Rs 1.17 crore as compared to net loss of Rs 0.42 crore in the previous year quarter.

Net revenue of the company declined substantially by 82.57 per cent at Rs 7.17 crore in July-September quarter of this fiscal as against Rs 41.14 crore in the corresponding period last year.

During July-September quarter, operating expenses dropped by 80.37 per cent to Rs 7.99 crore from Rs 40.71 crore in year ago period.

Other Income grew by 0.00 per cent at Rs 0.13 crore versus (Sep'24 Rs 0.00 crore).

Operating Profit slipped by 292.86 per cent to Rs -0.81 crore as against Rs 0.42 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 1202.91 per cent in September quarter.

Interest declined by 3.70 per cent y-o-y to Rs 0.26 crore, while Taxation increased by 263.64 per cent at Rs -0.40 crore (Sep'24 Rs -0.11 crore).